ASC 820 Fair Value Measurements 2026

CPE Credit: 2 hours

Fair value accounting is a fundamental concept in financial reporting, and it’s essential for professionals to understand its principles. We will discuss how to apply the standards in ASC 820 to valuing assets at fair value. The course will cover the following core topics of ASC 820:Fair Value Framework and explore the fair value framework, including practical guidance on applying fair value measurements.

• Valuation Techniques: Understand various valuation techniques used in fair value accounting.
• The Three Levels of Inputs: Learn about the different levels of inputs considered when determining fair value.
• Valuation Concepts: Delve into the concept of “exit price” and other valuation concepts.
• Allowable Exceptions: Discover situations where exceptions to fair value measurement apply.
• Asset Markets: Gain insights into asset markets and their impact on fair value.
• Presentation and Disclosure Requirements: Understand how to present and disclose fair value information. 

Topics Covered:
• Fair Value
• ASC 820
• Valuation Techniques

Learning Objectives:
• Recall when entities can elect and are required to use the fair value option.
• Discuss the ASC 820 guidance on accounting and reporting for businesses.
• Determine the fair value of assets and liabilities under the ASC 820 fair value approach.
• Identify appropriate inputs for fair value measurement.
• Differentiate between “best use” and other markets.